Tanaka Co (TSE:7619) Days Sales Outstanding : 62.31 (As of Dec. 2023)

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What is Tanaka Co Days Sales Outstanding?

Tanaka Co's average Accounts Receivable for the three months ended in Dec. 2023 was 円7,993 Mil. Tanaka Co's Revenue for the three months ended in Dec. 2023 was 円11,706 Mil. Hence, Tanaka Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 62.31.

The historical rank and industry rank for Tanaka Co's Days Sales Outstanding or its related term are showing as below:

TSE:7619' s Days Sales Outstanding Range Over the Past 10 Years
Min: 69.65 Med: 98.68 Max: 108.99
Current: 69.65

During the past 13 years, Tanaka Co's highest Days Sales Outstanding was 108.99. The lowest was 69.65. And the median was 98.68.

TSE:7619's Days Sales Outstanding is ranked better than
55.45% of 2460 companies
in the Hardware industry
Industry Median: 74.5 vs TSE:7619: 69.65

Tanaka Co's Days Sales Outstanding declined from Dec. 2022 (69.27) to Dec. 2023 (62.31).

Tanaka Co Days Sales Outstanding Historical Data

The historical data trend for Tanaka Co's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Tanaka Co Days Sales Outstanding Chart

Tanaka Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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98.68

95.94

99.12

88.15

84.24

Tanaka Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															69.27	69.87	83.52	65.00	62.31

Competitive Comparison of Tanaka Co's Days Sales Outstanding

For the Electronics & Computer Distribution subindustry, Tanaka Co's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tanaka Co's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tanaka Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tanaka Co's Days Sales Outstanding falls into.

Tanaka Co Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Tanaka Co's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (7712.775	+	8768.679)	/	2 )	/	35706.569	*	365
=	8240.727					/	35706.569	*	365
=	84.24

Tanaka Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (7424.504	+	8562.002)	/	2 )	/	11706.018	*	365 / 4
=	7993.253					/	11706.018	*	365 / 4
=	62.31

Tanaka Co (TSE:7619) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Tanaka Co Days Sales Outstanding Related Terms

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Tanaka Co (TSE:7619) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tanaka Co Ltd (TSE:7619) » Definitions » Days Sales Outstanding

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TDJ:Germany

Address

3 Chome-2-2 Minamioi, Shinagawa-ku, Tokyo, JPN, 140-0013

Website

http://www.tanakashoji.co.jp

Tanaka Co Ltd is a general trading company of electric construction material. The company has five major product lines, namely lighting fixtures, electric wire, distribution board, household appliances, and other. The lighting fixtures include fluorescent lighting equipment for residential use, facility use, and industrial use; incandescent lighting equipment for factories, street lamps, and tunnels; Electric wire products include communication cable, insulation cable for electric distribution and various accessories; Household appliances include home appliances, residential equipment, office equipment, photovoltaic generators; Other products include measuring equipment, power tool, and security equipment.

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